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    REDFIN: NEW-HOME SALES PRICES FALL AS AFFORDABILITY IMPROVES IN Q3

    Nov 14, 2019

    In the third quarter of the year, the nation’s home-sale prices fell by 1.5% from 2018 levels, coming in at a median of $370,300, according to a report from Redfin. The quarter’s decline, which now marks the biggest retreat since 2012, also represents the third consecutive quarter of pri...

    REDFIN
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    A YEAR AFTER AMAZON ANNOUNCEMENT: HAVE HOME PRICES CHANGED IN HQ2 TARGET CITIES?

    Nov 14, 2019

    A year has passed since Amazon announced they had chosen its new HQ2 cities, and one burning question remains: Has the news had any noticeable effect on the Washington, D.C. housing market?
    According to new research by CoreLogic's Deputy Chief Economist Ralph B. McLaughlin, his findings a...

    CORELOGIC
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    /news-article.aspx?ID=60726072

    PROPERTY FORECLOSURES UPTICK IN U.S. IN OCTOBER

    Nov 14, 2019

    According to ATTOM Data Solutions' October 2019 U.S. Foreclosure Market Report, there were a total of 55,197 U.S. properties with foreclosure filings default notices, scheduled auctions or bank repossessions in October 2019, up 13 percent from the previous month but down 17 percent from a year a...

    ATTOM DATA SOLUTIONS
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    WHERE TOP VCS ARE INVESTING IN REAL ESTATE AND PROPTECH (PART 1 OF 2)

    Nov 14, 2019

    The multi-trillion dollar global real estate market is getting flipped on its head. Business model innovation, data accessibility and the proliferation of mobile, SaaS and other cloud-native software have already given rise to a cohort of tech unicorns that sit amongst the world’s most influen...

    TECHCRUNCH
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    GREATER PALM BEACH AREA HOME SALES RISE IN SEPTEMBER

    Nov 13, 2019

    According to new data from the Miami Association of Realtors, Palm Beach County total home sales, median prices, dollar volume and luxury transactions increased year-over-year in September 2019. Palm Beach County total home sales increased 3.1% year-over-year, from 2,261 to 2,332. "Palm Beach i...

    MIAMI ASSOCIATION OF REALTORS
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    /news-article.aspx?ID=60686068

    U.S. HOMEOWNERS STAYING IN HOMES 5 YEARS LONGER THAN IN 2010

    Nov 13, 2019

    According to a new report from Redfin, the typical American homeowner has spent 13 years in their home, up from eight years in 2010. Homeowners have been in their homes the longest in Salt Lake City, Houston, Fort Worth, San Antonio, and Dallas, with homeowners in those metros staying in their homes...

    REDFIN
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    /news-article.aspx?ID=60696069

    OPENDOOR IS NOW BUYING HOMES UP TO $800,000 IN ITS NEWEST MARKET

    Nov 13, 2019

    Opendoor announced its launch in Los Angeles on Wednesday, a move that marked a new high in the company’s price ceiling for homes it will buy.  Previously, $600,000 was the highest price the iBuyer would pay for a home. According to the company, this price point only existed in two of its...

    OPENDOOR
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    SEE WHAT PEOPLE ARE SAYING ABOUT THE POLY STUDIO USB VIDEO BAR

    Nov 13, 2019

    “The Polycom Studio is fantastic because it gives organisations access to the flexible huddle room environments they need, without asking them to deal with complicated tools and technology. The Polycom Studio is a powerful piece of equipment, but it’s not complicated or daunting. Unlike ...

    SOURCE
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    /news-article.aspx?ID=60886088

    REALPAGE: THE SIZE OF THE AVERAGE U.S. HOUSEHOLD IS GROWING

    Nov 12, 2019

    For the first time since 1850, the average size of the U.S. household is on the rise, RealPage says. It’s not just the kids or Millennials, either. Households are growing and becoming multi-generational. Over the last century-and-a-half, household sizes have actually been shrinking, according ...

    REALPAGE
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    /news-article.aspx?ID=60656065

    U.S. EXTENDS REAL ESTATE INTELLIGENCE-GATHERING ORDER

    Nov 12, 2019

    The U.S. Treasury Department extended for another six months a program collecting data on certain residential real estate deals aimed at preventing money laundering in the property market. The Geographic Targeting Order (GTO) requires title insurance companies to file paperwork with the Treasury&rsq...

    U.S. TREASURY DEPARTMENT
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    /news-article.aspx?ID=60666066

    IRELAND HOME RENTS APPRECIATE AT SLOWEST RATE IN 6 YEARS

    Nov 12, 2019

    According to the latest quarterly Rental Report by Daft.ie, residential rents rose by an average of 5.2% nationwide in the year to September 2019. This marks the lowest rate of rental inflation across the country since the second quarter of 2013. However, at €1,403, the average monthly rent nat...

    DAFT.IE
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    WHY A REAL ESTATE ASSOCIATION IS CRACKING DOWN ON ‘OFF-MARKET’ PROPERTIES. HERE’S WHAT THAT MEANS FOR BUYERS.

    Nov 11, 2019

    As if buying a home weren’t hard enough, the lack of properties for sale has made the process even more daunting. The problem has resulted in more intense bidding wars for the slimmer pickings and many house hunters particularly those with modest means being shut out. What if you found out the...

    THE SEATTLE TIMES
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    /news-article.aspx?ID=60636063

TRENDING NEWS


    A REAL ESTATE COMPANY SURPRISED EMPLOYEES WITH $10 MILLION IN BONUSES AT A HOLIDAY PARTY

    Dec 12, 2019

    Harry & David Grand Signature Gift Baskets will never hit the same way again. At its annual holiday party, a Maryland commercial real estate developer announced it’s handing out $10 million in bonuses to its 198 employees this year. The average bonus at the firm, St. John Properties, was $...

    HARRY & DAVID
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    /news-article.aspx?ID=61386138

    THE LAST DECADE IN REAL ESTATE, AND A PEEK INTO THE NEXT ONE

    Dec 12, 2019

    As we barrel towards the start of a new decade, it’s amazing to think about the ongoing transformation within real estate. In the U.S., housing’s contribution to our GDP is ~15-18% spread across residential transactions, construction and housing services (i.e. rent, utilities, insurance,...

    TECHCRUNCH
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    /news-article.aspx?ID=61396139

    HOME FLIPPING ACTIVITY IN U.S. DROPS 13 PERCENT IN Q3

    Dec 12, 2019

    Based on ATTOM Data Solutions' third-quarter 2019 U.S. Home Flipping Report, 56,566 single family homes and condos were flipped in the third quarter of 2019, down 12.9 percent from the previous quarter and down 6.8 percent from a year ago. After an unusually lively flipping market in the spring ...

    ATTOM DATA SOLUTIONS
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    /news-article.aspx?ID=61406140

    BORROWERS GAINED NEARLY $457 BILLION IN HOME EQUITY IN THE LAST YEAR

    Dec 12, 2019

    Homeowner equity continued to increase in the third quarter of the year, according to the Q3 2019 home equity analysis from CoreLogic, a property information, analytics and data-enabled solutions provider. Homeowners with a mortgage about 64% of all homeowners saw their equity increase by 5.1%, a to...

    CORELOGIC
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    /news-article.aspx?ID=61416141

    HOMETAP RAISES $100M TO EXPAND NATIONALLY, INVEST IN RESIDENTIAL REAL ESTATE

    Dec 11, 2019

    Boston-based homeownership investment startup Hometap raised $100 million in a new round of funding. The financing was led by ICONIQ Capital, with participation from current investors: General Catalyst, G20, Pillar and American Family Ventures, the venture arm of AmFam Insurance. Hometap is led by c...

    HOMETAP
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    /news-article.aspx?ID=61366136

    TRADE BETWEEN U.S. AND LATIN AMERICAN COUNTRIES IS BOOSTING INDUSTRIAL REAL ESTATE

    Dec 11, 2019

    Trade between Latin American countries and the United States is shaping South Florida’s industrial market. The amount of exports and imports traded increased by 9.1% year-over-year in 2018 up to 2.4 million tons, according the 2019 South Florida Industrial Market Outlook report by Houston-base...

    TRANSWESTERN
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    /news-article.aspx?ID=61376137

    U.S. MORTGAGE DELINQUENCY RATES AT 20-YEAR LOW

    Dec 10, 2019

    According to CoreLogic's latest monthly Loan Performance Insights Report - nationally 3.8% of U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in September 2019, representing a 0.6 percentage point decline in the overall delinquency rate...

    CORELOGIC
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    /news-article.aspx?ID=61336133

    AMAZON TO TAKE OVER ENTIRE FORMER CANADA POST BUILDING IN DOWNTOWN VANCOUVER

    Dec 10, 2019

    Amazon’s lease of the entire former Canada Post building in downtown Vancouver is large enough to reduce the city’s projected office vacancy by two per cent, commercial property insiders say. Last week, the it was reported that Amazon had agreed to lease all of the 1.13 million square fe...

    AMAZON
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    /news-article.aspx?ID=61346134

    EXPERTS: WEST PALM BEACH HAS CLASS A OFFICE SPACE GLUT AS NEW TOWERS START TO RISE

    Dec 10, 2019

    Real estate brokers are growing concerned that top tier office buildings have too much shadow sublease space. Even as another project is up for consideration, West Palm Beach’s downtown office market is loaded with empty space, and there is little demand from tenants outside the area wanting t...

    THE PALM BEACH POST
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    /news-article.aspx?ID=61356135

    REDFIN: REAL ESTATE BIDDING WARS CONTINUE TO HOVER AT 10-YEAR LOW

    Dec 09, 2019

    As the year approaches an end, a report from Redfin indicates America’s real estate bidding wars are easing as several factors including tightening supply continue to depress competition. According to the company, 10% of purchasing offers made on its site faced a bidding war during the month. ...

    REDFIN
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    /news-article.aspx?ID=61306130

    OPPORTUNITY ZONE INITIATIVE LOOKING TO WORK WITH REAL ESTATE PROS ON DEVELOPMENT OPPORTUNITIES

    Dec 09, 2019

    A Birmingham-based nonprofit initiative is looking to connect with real estate professionals in its bid to leverage the national Opportunity Zones program to further development in Alabama. Opportunity Alabama wants developers to help it scale deals and fund managers and other experts to assist in u...

    BIRMINGHAM BUSINESS JOURNAL
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    /news-article.aspx?ID=61316131

    LAS VEGAS HOME PRICES UP 4 PERCENT ANNUALLY IN NOVEMBER

    Dec 09, 2019

    The Greater Las Vegas Association of Realtors is reporting this week that home prices in Southern Nevada stayed the same from October 2019 to November 2019, but are still up from one year ago. GLVAR reported that the median price of existing single-family homes sold in Southern Nevada through its Mu...

    GREATER LAS VEGAS ASSOCIATION OF REALTORS
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    /news-article.aspx?ID=61326132

SPOTLIGHT

Benchmarking is increasingly recognized as having a critical role to play in the development of corporate real estate (CRE) strategy, yet there has been very little analysis of exactly what data is collected, how benchmarks are being made and how it can be improved. In June 2010, more than 200 CRE p

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